What are the Challenges in Maintaining Standards of Conduct?
While having standards of conduct is essential, maintaining them can be challenging due to:
Complexity of Global Operations: Operating in multiple countries with different cultural norms and legal requirements can complicate the implementation of a uniform code of conduct. Pressure to Meet Targets: Employees may feel pressured to compromise ethical standards to achieve business targets and goals. Lack of Awareness: Employees may not be fully aware of the code of conduct or how to apply it in specific situations. Inconsistent Enforcement: Inconsistencies in enforcing the code of conduct can undermine its effectiveness and credibility.